Vice President of Ambulatory Surgical Centers Finance Operations
About the job
Vail Health has become the world’s most advanced mountain healthcare system. Vail Health consists of an updated 520,000-square-foot, 56-bed hospital. This state-of-the-art facility provides exceptional care to all of our patients, with the most beautiful views in the area, located centrally in Vail. Learn more about Vail Health here.
The Vice President of Finance Operations role is responsible for overseeing and optimizing the financial operations of all surgery center locations. In this role you will be primarily focused on the finance functions. Candidates need to have direct experience leading accounting and budgeting functions, revenue cycle, patient access, health information management and decision support.
- Drive forward innovation and performance improvement across the ASC Joint Venture business line, while also aligning with the strategic vision of Vail Health.
- Provide coaching, mentoring and support to the overall team to facilitate a culture of excellence rooted in trust with shared focus on accountability, results and data informed decision making.
- Understand the underlying contracts of each of the LLCs, including, but not limited to, the Operating Agreement, Management Agreement, Insurance Contracts, Personnel and Support Services Agreement, and Lease Agreements and manages in accordance with these documents.
- Lead the overall governance, policies, goals, KPIs, and projects of the Patient Access, Accounting, Decision Support, Health Information Management, and Billing and Collections activities of the ASCs.
- Oversee preparation of financial statements and coordinate reporting of the financial performance and financial position of each ASC entity to their respective Boards of Managers, associated lean holder or other stakeholders as appropriate.
- Coordinate the annual external financial statement audits of each entity.
- Supervise and assist outside tax and consulting firms with annual tax return preparation and annual valuations for each ASC.
- Maintain the investment and equity records for each of the LLCs. Calculate distributions to investors in accordance with policy and acts a resource for investors regarding their investment activity, distributions, and K-1s, etc.
- Responsible for the completion of the ASCs’ annual operating and capital budgets.
- Coordinates payor relationships to ensure optimal payment for services, contractual alignment including scheduled charge master adjustments, renewals, and procedures. Facilitate follow through of contractors engaged to support payor relationships.
- Support facility Administrators and Operations Leaders by contributing financial and analytical knowledge for the development and implementation of business strategy.
- Collaborate with Compliance Officer to create, maintain, and update policies governing privacy and compliance as appropriate. Actively participate in the compliance committee to support the program activities.
- Role models the principles of a Just Culture and Organizational Values.
- Perform other duties as assigned. Must be HIPAA compliant.
- 10 years progressive managerial accounting and finance experience.
- Ambulatory surgery or hospital experience preferred.
- Demonstrated accountability in driving operational and financial performance.
- Proven ability to lead and inspire diverse teams.
- Fostering inclusivity and the development of an inclusive organizational culture within a team and the organization.:
- Utilize strategic thinking, problem-solving, and decision-making skills.
- Strong communication and interpersonal skills.
- N/A
- CPA Preferred
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Must possess, or be able to obtain within 90 days, the computer skills necessary to complete online learning requirements for job-specific competencies, access online forms and policies, complete online benefits enrollment, etc.
- Bachelor’s degree in business, Finance or related filed required.
- Master's degree in health care, finance, public administration, business administration or related field preferred.
Application Close Date: August 18, 2024 (actual close day may be sooner)
Benefits at Vail Health Include:
- Competitive Wages & Family Benefits:
- Competitive wages
- Parental leave (4 weeks paid)
- Housing programs
- Childcare reimbursement
- Comprehensive Health Benefits:
- Medical
- Dental
- Vision
- Educational Programs:
- Tuition Assistance
- Existing Student Loan Repayment
- Specialty Certification Reimbursement
- Annual Supplemental Educational Funds
- Time Off Program
- Retirement & Supplemental Insurance:
- 403(b) Retirement plan with immediate matching
- Life insurance
- Short and long-term disability
- Recreation Benefits, Wellness & More:
- Up to $1,000 annual wellbeing reimbursement
- Recreation discounts
- Pet insurance
Pay is based upon relevant education and experience per year.